AGP Executive Report

Last update: 10 hours ago

Oil & Gas Expansion: Guyana’s profit oil share from the Stabroek Block jumped from 12.5% to about 39.8% as ExxonMobil-led cost recovery fell after the consortium recovered roughly US$55B earlier than expected—meaning more barrels now qualify as profit oil. FPSO & Marine Support: The fifth Exxon-led FPSO for the Stabroek system, the Errea Wittu, has arrived in Guyanese waters to support the Uaru project, with capacity up to 250,000 bpd; separately, Everllence will supply 175D engines for four offshore terminal tugs destined for Guyana’s FPSO fleet. Power & Infrastructure: Guyana Power and Light’s 2026-2030 plan flags peak demand rising to 1,671 MW by 2030 and total electricity demand surging to 10,441 GWh, driven by grid integration and growth. Water Services: The Bath, West Coast Berbice water treatment plant (18M litres/day) is on track for a Dec 31 completion, with contractors warned of liquidated damages for delays. Agri & Food Industry: GAWU’s sugar union leader says GuySuCo can still hit the revised 51,400+ tonnes 2026 target despite earlier rainfall damage, with the dry season the main risk. Mining & Exploration: Liberty Metals begins maiden exploration at its Oko North and South gold projects in Guyana’s Cuyuni district, while Omai Gold published a PEA projecting long-life output. Trade & Local Industry: The PSC met the Foreign Affairs Ministry on trade and tariff issues affecting manufacturing, including refined sugar, glass packaging and paint tariffs. Skills & Jobs: AG Anil Nandlall urged Guyanese to get certified to compete as employers increasingly seek qualified foreign workers. Tourism Data Push: GTA and partners launched a 2026 tourism data collection and analysis initiative for Indigenous communities, using QR-based visitor reporting to strengthen planning and a Tourism Satellite Account.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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4 hours ago

Caribbean Energy Week returns to Guyana in July 2027

AGP

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Aug. 20, 2026

Guyana to host cruise master class at SOTIC 2026

AGP

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Jul. 2, 2026

Guyana to host launch of Caribbean Energy Week 2027

AGP

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Jul. 2, 2026

Guyana to launch Caribbean Energy Week 2027

AGP


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Caribbean Energy Week 2027 Set for July 13–15 in Guyana as Regional Energy Investment Accelerates

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Aug. 20, 2026

SOTIC 2026 to Feature Cruise Master Class as Guyana Advances Cruise Tourism Ambitions

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Jul. 29, 2026

Quality Companies Expands Manufacturing Footprint Across Acadiana with Two-Site Investment

Louisiana Economic Development

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Jul. 22, 2026

U92 Energy Announces Public Offering of up to $6 Million

GlobeNewswire, Inc.

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Jul. 2, 2026

Guyana to Host Launch of Caribbean Energy Week 2027 as Regional Energy Momentum Builds

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Jul. 2, 2026

Guyana to Host Launch of Caribbean Energy Week 2027 as Regional Energy Momentum Builds

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